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Under Armour raises annual profit forecast as discounts spur demand
(Reuters) - Under Armour Inc raised its annual profit forecast on Wednesday as deep discounts on the company's athletic apparel helped reel in shoppers during the holiday season. Shares of the company...
Syndicated Content Feb 08, 2023
Uber sets sights on profits in 2023 as pandemic pain eases
(Reuters) - Uber Technologies Inc on Wednesday set its sights on delivering profits this year after rounding off 2022 with blow-out earnings as a surge in demand for airport and office rides helped th...
Syndicated Content Feb 08, 2023
Michael Kors owner Capri cuts annual sales forecast, shares plunge 17%
(Reuters) -Michael Kors owner Capri Holdings Ltd cut its full-year sales and profit forecasts on Wednesday, hurt by a surge in COVID-19 infections in China, as well as a slowdown in demand for luxury ...
Syndicated Content Feb 08, 2023
Veteran ruling party lawmaker Amari warns BOJ against raising rates
TOKYO (Reuters) - Japan has yet to see economic conditions fall into place for the central bank to raise interest rates, Akira Amari, a veteran ruling party lawmaker, told Reuters on Wednesday. "Basic...
Syndicated Content Feb 08, 2023
White House unveils plan to boost use of U.S.-made goods in infrastructure
By David Shepardson WASHINGTON (Reuters) - The White House is releasing proposed guidance to boost the use of American-made goods in government-funded infrastructure projects, according to documents s...
Syndicated Content Feb 08, 2023
El Paso massacre suspect expected to plead guilty to federal hate crimes
By Brad Brooks (Reuters) - A Texas man accused of targeting Latinos during a 2019 massacre that left 23 people dead at an El Paso Walmart store is expected to plead guilty on Wednesday to federal hate...
Syndicated Content Feb 08, 2023
Huawei’s Meng Wanzhou to take over as rotating chairperson -report
SHENZHEN, China (Reuters) - Meng Wanzhou will begin her term as the rotating chairperson of Huawei Technologies on April 1, Shanghai Security News reported on Wednesday. Meng returned to China in Sept...
Syndicated Content Feb 08, 2023
Japan may opt for milder chip-equipment curbs on China than U.S, says lawmaker
By Kiyoshi Takenaka and Tim Kelly TOKYO (Reuters) - Japan may opt for milder restrictions on chip production machinery sales in China than those implemented by the United States even though they agree...
Syndicated Content Feb 08, 2023
After State of the Union speech, Biden heads to key 2024 campaign states
By Trevor Hunnicutt WASHINGTON (Reuters) - Fresh off a State of the Union speech to Congress that challenged opposition Republicans to help unite the country, President Joe Biden heads to two U.S. sta...
Syndicated Content Feb 08, 2023
ECB to zero in on soured loans this year as economy slows
FRANKFURT (Reuters) -European Central Bank supervisors will zero in on bad loans this year after finding that some euro zone banks had set too little money aside for them or were slow in recognising t...
Syndicated Content Feb 08, 2023
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